30.03.2011 - Sovereign wealth funds return
Sovereign wealth funds have returned to real estate, but it is hard to tell just how deeply they are diving in, because most transactions have been done through equity funds or other financing vehicles, and not by highly visible, direct acquisitions. “SWFs have gotten smarter,” said Hans Nordby, director of advisory services for CoStar Group. “They are working through funds and keeping their name out of the newspapers. Look for even more of this money in 2011, although it may be hard to see.”...........................................Full Article: Source
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